Aurora Innovation reports Q1 EPS (17c), consensus (17c)

Reports no revenue in Q1, consensus $250,000. The company said, "We used approximately $136 million in operating cash during the first quarter of 2023, which was in-line year-over-year. During the first quarter of 2022, we received a cash inflow of $48 million under the collaboration project plan with Toyota, which was substantially offset by payments associated with the 2021 annual incentive compensation program. The first quarter of 2023 was not impacted by these cash activities and the 2022 incentive compensation program payments were made subsequent to March 31, 2023. Capital expenditures totaled $2 million in the first quarter of 2023."